On Tuesday, the CEO of American Airlines’s parent company, AMR, issued an internal memo that hinted at layoffs.
In the 1980s, young graduates in a Dallas office were tasked with making sense of deregulation. Today, four of them are running airlines.
A new executive is taking the helm at American Airlines parent AMR Corp. as the company heads into Chapter 11 bankruptcy protection. After a little more than a year in the role of president, Thomas W. Horton will take on the additional role of CEO.